Signing purchase right agreement
REI Luganocas Ltd
The Club Deal in Lugano-Cassarate involves the development of condominium units within walking distance of Lake Lugano.
Lugano, via Maggio
REI Luganocasa Ltd is currently developing a residential project on a plot in Lugano-Cassarate that is currently used as a parking lot and is located within walking distance of Lake Lugano. The building permit application has been submitted. The project is currently under review and awaiting the granting of the building permit.
Key Facts
>1.5
Expected Equity Multiple
3-4
Timeline
Years
>20
Expected Net IRR
Percent
Percent
November
Q4
File for building permit
Q1
Further elaboration of the construction project and objection handling
Q3
Preparation of implementation project / obtaining building permit
Q4
Clearing requirements and preparation of the execution
Q2
Tendering, contracting and start of construction
Q3
Completion construction project handover of the flats and the whole building
